Description
Exceptional multifamily investment opportunity in the Brookland neighborhood of Northeast Washington, DC, at 121 Victor Street, offering the ideal combination of turnkey condition, quality renovations, established rental income, and future upside. This well-maintained property features three beautifully updated residential units, including two spacious two-bedroom, one-bath residences and one one-bedroom, one-bath residence. Two of the three units are currently leased, providing a proven and established revenue stream of $3,800 per month, or $45,600 annually, with additional income potential available from the remaining unit or the potential to owner occupy. The interiors have been impeccably renovated with a sophisticated attention to detail, featuring elegant quartz countertops, new kitchen appliances, beautifully appointed quartz bathrooms, high-end flooring, and premium finishes and updates throughout. Each residence offers a polished, contemporary living environment designed to appeal to quality tenants while providing an attractive, low-maintenance investment for the owner. The combination of substantial renovations, strong existing rental performance, and an additional unit available to lease creates an exceptional opportunity for both seasoned investors and those seeking to enter the multifamily market. With two income-producing residences already generating reliable rental revenue and meaningful upside through the lease-up of the third unit, 121 Victor Street offers the rare opportunity to acquire a turnkey, income-producing asset with both immediate cash-flow potential and long-term investment appeal. A truly compelling property for investors seeking quality, functionality, and multiple avenues for future value creation.
